Lyft (LYFT) Operating Expenses (2018 - 2026)
Lyft (LYFT) posted quarterly Operating Expenses of $1.7 billion for Q1 2026, up 11.95% year-over-year from $1.5 billion in Q1 2025, and down 6.86% quarter-over-quarter from $1.8 billion in Q4 2025.
Lyft (LYFT) Operating Expenses (2018 - 2026) Analysis & Trends
Lyft's Operating Expenses history runs 9 years deep, the most recent figure standing at $1.7 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 11.95% year-over-year to $1.7 billion; the TTM figure through Mar 2026 stood at $6.7 billion (up 10.55% YoY), while the FY2025 annual figure was $6.5 billion, up 10.16% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.7 billion, down from $1.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.8 billion in Q4 2025, with the low at $1.1 billion in Q1 2022.
- The 5-year median for Operating Expenses is $1.5 billion (2024), against an average of $1.4 billion.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 42.42% in 2022, then decreased 27.46% in 2023.
- Lyft's Operating Expenses stood at $1.8 billion in 2022, then slipped by 27.46% to $1.3 billion in 2023, then climbed by 18.49% to $1.5 billion in 2024, then grew by 16.78% to $1.8 billion in 2025, then fell by 6.86% to $1.7 billion in 2026.
- Business Quant data shows LYFT's Operating Expenses at $1.7 billion in Q1 2026, $1.8 billion in Q4 2025, and $1.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Lyft | 6.62 Bn | 4.82 Bn | 917.12 Mn | 1.80 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80 Bn |
| Mar 31, 2026 | 1.66 Bn |
| Dec 31, 2025 | 1.78 Bn |
| Sep 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.59 Bn |
| Mar 31, 2025 | 1.48 Bn |
| Dec 31, 2024 | 1.52 Bn |
| Sep 30, 2024 | 1.58 Bn |
| Jun 30, 2024 | 1.46 Bn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.28 Bn |
| Sep 30, 2023 | 1.20 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.77 Bn |
| Sep 30, 2022 | 1.34 Bn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.24 Bn |
| Sep 30, 2021 | 1.07 Bn |